Cryptocurrency News
Ride-hailing company Uber is exploring the use of stablecoins to streamline global payments and reduce transaction costs associated with cross-border transactions. During his appearance at the Bloomberg Tech Summit in San Francisco on 5 June, Uber CEO Dara Khosrowshahi confirmed…
Yuga Labs CEO wants to ‘kill the ApeCoin DAO’ and launch a new entity [btcmanager]
Yuga Labs CEO Greg Solano proposes ending ApeCoin DAO and starting a new entity which would aim to ‘supercharge the APE ecosystem.’ In a recent post, Solano called for the end of the ApeCoin (APE) governance body after receiving what…
Crypto lobby wants software dev protections added to crypto bill [cointelegraph]

A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill.
XRP drops toward critical $2 resistance — will these short-term catalysts trigger a bounce? [btcmanager]
XRP is trading near a crucial support level at $2.12, down 4% in the past 24 hours, as widespread market turmoil weighs on sentiment and price momentum. XRP’s (XRP) 24-hour volume rose nearly 80% to $2.97 billion, which can be…
Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst [cointelegraph]

The Federal Reserve is expected to hold interest rates this month, but a surprise cut could help drive Bitcoin to a fresh peak, says CMC Markets’ Carlo Pruscino.
Crypto users fail ‘basic situational awareness’ at events, says Kraken [cointelegraph]

Kraken’s security team says that at crypto conferences, it’s seen unlocked laptops, phones left unattended and public discussions about personal wealth.
AI solidifying role in Web3, challenging DeFi and gaming: DappRadar [cointelegraph]

The number of daily unique active wallets on AI-powered crypto apps grew 23% in May, eating into the market share of DeFi and Web3 gaming, says DappRadar.
Trump Media files Form S-3 with U.S. SEC over $2.3B raise for Bitcoin treasury [btcmanager]
Trump Media & Technology Group, the parent company of Truth Social, has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest Bitcoin treasuries. The registration,…
Trump Media files Form S-3 with U.S. SEC over $2.3B raise for Bitcoin treasury [btcmanager]
Trump Media & Technology Group, the parent company of Truth Social, has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest Bitcoin treasuries. The registration,…
Trump Media files Form S-3 with U.S. SEC over $2.3B raise for Bitcoin treasury [btcmanager]
Trump Media & Technology Group, the parent company of Truth Social, has filed a Form S-3 registration statement with the U.S. Securities and Exchange Commission following a $2.3 billion raise to build one of the largest Bitcoin treasuries. The registration,…